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Ready for a “Lithium” OPEC?

Buried in a piece at Mining.com about South Korea and Bolivia’s joint-venture to develop the latter nation’s significant lithium reserves – critical to lithium-ion batteries used in cell phones, laptops and electric cars – is this comment from Argentinean officials:

Argentina is promoting the idea of an OPEC-like cartel for itself, Bolivia and Chile – which together control 85% of the world’s reserves of lithium – to manage prices and limit overproduction.

According to the U.S. Geological Survey, there are 4 million tons of known lithium in the U.S., but only one U.S. company is presently involved in pulling them from of the ground.